Empower Blog Reserve Bank of Australia (RBA)

RBA Rate Decision – May 2015

Today the Reserve Governor and the Board met and they've dropped interest rate once again to 2%. So following the February rate cut, they've followed it up with a May rate cut. Now the reason behind that is simply the spare capacity that we are still seeing in the economy. They've made a judgement call, even before we see the May 2015 budget ...

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RBA Rate Decision – April 2015

Today the Reserve Governor and the Board met and they've kept interest rates on hold for the April 2015 board meeting. That has kept the cash rate at 2.25%. Now, why had they kept the rate on hold? Well the reasons come down to a few things. To begin with, they've probably seen some early signs on the economy starting to pick up. Those early ...

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RBA Rate Decision – March 2015

Today the Reserve Bank of Australia decides to keep rates on hold after dropping rates by 25 basis points last month. Now looking at the Board Meeting minutes from last month, it was a bit of a flip of the coin whether they were going to drop rates in February or potentially wait until March. Ultimately, we all know the outcome of that. They d...

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RBA Interest Rate Cut

Anchor: For the first time in 18 months, RBA has reduced the cash rate by 25 basis points. That's a quarter of a percent for you and I. The move was design to lower the exchange rate and offset declines in key commodity prices. However many are wondering how the 2015 Australian Property Market will react. Bryce Holdaway is a partner in Empower W...

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RBA Rate Decision – February 2015 – Why did they drop 25 basis points?

So why did the Reserve Bank of Australia (RBA) moved on interest rates this month when most commentators including myself actually thought it would stay at the 2.5% cash rate. The 25 basis points reduction to 2.25%- what's behind that? Well, the story is around our currency and we really need to get our currency lower. I think you'll find the RB...

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RBA Rate Decision – December 2014

Today the Reserve Bank of Australia (RBA) Board meets and kept interest rates on hold at 2.5%. The cash rate is now been at 2.5% since August 2013 and the Reserve Bank board won't actually meet until next February so we're going to see this low monetary policy position for the extended period. Inside the minutes of the last meeting, it was also ver...

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RBA Rate Decision – November 2014

Hello! On this Melbourne Cup Tuesday the race that stops the nation. Well it didn't stop the Reserve Bank board meeting today and again, as well predicted the Reserve Bank kept interest rates on hold at 2.5%. No big changes, no big surprises. The Reserve Bank is still concerned about the headwinds that the economy experiences in terms of its GDP nu...

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RBA Rate Decision – October 2014

Hello, the Reserve Board met today and kept interest rates on hold. Well anticipated that they were going to remain on hold and it's certainly a view that they are going to stay lower for longer. That's being about installing confidence into the market place for business to start doing more lending. In the last 4 weeks, there have been some big thi...

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RBA Rate Decision – September 2014

As widely anticipated, the Reserve Bank of Australia (RBA) kept interest rates on hold for another month at 2.5% and this is following Glenn Stevens's commentary to the government last month, around where he saw the cash rate and where he saw the general economy. From a cash rate point of view the take out of that meeting and from his commentary wa...

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Finance Talk with Look At Property

In this episode of Finance Talk, Look At Property, Ben Kingsley joins host, Des Dowling and Walter Dobrowolski from Walter Financial Solutions to talk about property finance. After 12 months, the RBA interest rate is still on hold at 2.5% but the common question remained: how long is this going to last? Many media commentary is now saying that t...

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RBA Rate Decision – August 2014

The Reserve Bank of Australia (RBA) today kept interest rates on hold for another month and that's twelve months now since the RBA last reduced interest rates which they did by 25 basis points. So the cash rate as of today stands at 2.5 which is still at record low levels. Now what's happening in the economy at the moment is there's not a lot a ...

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RBA Rate Decision – July 2014

Hello, Ben Kingsley here. Welcome to the new Financial Year. Today, the Reserve Bank of Australia (RBA) met and we have well predicted, interest rates remain on hold. What was interesting over the last month is being the communication that is coming out from the Reserve Bank in regards to a sluggishness in the transition of our economy from the ...

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RBA Rate Decision – June 2014

Today the Reserve Bank met and kept interest rates on hold for another month. It's amazing what can happen after a federal budget and more importantly, an austere federal budget. We're actually seeing what I said in my last video from last month is that this budget is an important budget. And it's an important budget in terms of momentum in the ec...

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